NOT LISTED FOR SALE

7917 Farralone Ave Canoga Park, CA 91304

Canoga Park Neighborhood

Estimated Value: $987,000 - $1,472,000

5 Beds
5 Baths
2,487 Sq Ft
$505/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $890,000 $358 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,601/month

14 Days on Market

Highlights

  • Evaporated cooling system
  • Laundry Room
  • Central Heating and Cooling System
  • Capistrano Avenue Elementary School Rated 9+
  • Tile Flooring
  • Family Room

About This Home

As of September 2019

This Completely remodeled property looks brand new and is Located in a beautiful & quiet tree lined street. It features Beautiful 3 Bedrooms+Den,2 Bathrooms, open living area with a fireplace & wood floors. New fixtures throughout. Kitchen is open and has new granite counters, new tiled floor,new stainless steel appliances & new fixtures. Hall bathroom has new vanity,floor to ceiling tile with tiled shower/tub and new fixtures. Front & back huge lawns have new sod & plants. .Close to shopping malls,resturants and easy access to the freeways. 2 Attached CAR GARAGE 2 spaces in the front driveway and plenty of parking spaces in the street.

Last Agent to Sell the Property

Alaura Clennon

Griffin Real Estate, Inc. Listed on: 07/01/2019

Last Buyer's Agent

Bijan Sheikhvand

Landmark California Realty License #00666270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,941

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,487 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Evaporated cooling system
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 17306
  • Assessor Parcel Number 2012029018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • New Taxes Expense $9,270
  • Operating Expense $11,070
  • Gross Income $70,800
  • Net Operating Income $59,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,941

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LARS
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2012029018
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 357.86
  • Room Type: Family Room, Kitchen, Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 12103.00
  • Lot Size Acres: 0.2778

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 12103.0000 Square Feet
  • Net Operating Income: 59730.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11070.00
  • Rent Control: Yes
  • Total Expenses: 11070.00

Tax Info

  • New Taxes Expense: 9270.00
  • Tax Census Tract: 1343.04
  • Tax Lot: 59
  • Tax Tract Number: 17306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Sep 9, 2019
Sold by
Daneshmand Hamid and Daneshmand Homa
Bought by
Kim & T Holding Company Lc
Seller's Agent
Bijan Sheikhvand
Landmark California Realty
Buyer's Agent
Bijan Sheikhvand
Landmark California Realty
Sold Price
$2,490
Current Estimated Value
$1,255,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,253,344
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Sep 10, 2019
Closed on
Sep 3, 2019
Sold by
Phoenix Realty Investments Llc
Bought by
Daneshmand Hamid and Daneshmand Homa
Seller's Agent
Bijan Sheikhvand
Landmark California Realty
Buyer's Agent
Bijan Sheikhvand
Landmark California Realty
Sold Price
$2,490

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 29, 2018
Sold by
Griffin Ian
Bought by
Phoenix Realty Investments Llc
Seller's Agent
Jon Cohen
RE/MAX One
Buyer's Agent
Gena Costello
Griffin Real Estate, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.37%

Purchase Details

Listed on
May 2, 2018
Closed on
May 21, 2018
Sold by
Griffin Gena
Bought by
Griffin Ian
Seller's Agent
Jon Cohen
RE/MAX One
Buyer's Agent
Gena Costello
Griffin Real Estate, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Purchase Details

Listed on
May 2, 2018
Closed on
May 18, 2018
Sold by
Muffoletto Peter S
Bought by
Griffin Ian
Seller's Agent
Jon Cohen
RE/MAX One
Buyer's Agent
Gena Costello
Griffin Real Estate, Inc.
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Ajemian Barbara R
Bought by
Ajemian Barbara R and Ajemian 2011 Family Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim & T Holding Company Lc -- None Available
Daneshmand Hamid $890,000 Usa National Title Company
Phoenix Realty Investments Llc $550,000 Accommodation
Griffin Ian -- Fidelity National Title Co
Griffin Ian $550,000 Fidelity National Title Co
Ajemian Barbara R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2019 10/29/19 Rented $2,490 -27.8% --
10/29/2019 10/29/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $3,450 0.0% --
09/06/2019 09/06/19 Sold $890,000 0.0% $358 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $889,990 +61.8% $358 / Sq Ft
06/19/2018 06/19/18 Sold $550,000 -4.3% $427 / Sq Ft View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $575,000 -- $447 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,941 $973,341 $681,339 $292,002
2024 $11,941 $954,257 $667,980 $286,277
2023 $11,714 $935,547 $654,883 $280,664
2022 $11,177 $917,204 $642,043 $275,161
2021 $11,038 $899,220 $629,454 $269,766
2020 $11,147 $890,000 $623,000 $267,000
2019 $1,180 $550,000 $440,000 $110,000
2018 $6,292 $501,723 $369,691 $132,032
2016 $6,015 $482,243 $355,337 $126,906
2015 $984 $67,071 $22,827 $44,244
2014 $998 $65,758 $22,380 $43,378
Source: Public Records

Agents Affiliated with this Home

  • Alaura Clennon

    Seller's Agent in 2019

    Alaura Clennon

    Griffin Real Estate, Inc.

    (949) 940-5143

    33 Total Sales

    Alaura Clennon
    Section Image

  • B

    Seller's Agent in 2019

    Bijan Sheikhvand

    Landmark California Realty

    Section Image

  • J

    Seller's Agent in 2018

    Jon Cohen

    RE/MAX

    (818) 366-3300

    3 Total Sales

    Jon Cohen
    Section Image
  • Gena Costello

    Buyer's Agent in 2018

    Gena Costello

    Griffin Real Estate, Inc.

    (949) 751-9450

    2 Total Sales

    Gena Costello
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19155431

California Regional Multiple Listing Service (CRMLS)

APN: 2012-029-018

California Los Angeles County Canoga Park 91304 Canoga Park

7917 Farralone Ave, Canoga Park, CA

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